La soutenabilité à long terme des dépenses publiques en Algérie

Abstract

This analysis provides an assessment of the long-run sustainability of public spending in Algeria. The econometric tests of stationarity and cointegration, performed on the series of public expenditure and revenue during the period 1970-2010, reveal a low sustainability in the sense as defined by Quintos (1995). However, the passage of a rhythm of sustainability in the weak sense to a rhythm of sustainability in the strong sense requires an effort of redevelopment of the public financial structure. This work describes, in this sense, a simple endogenous growth dynamic that transforms the structure of the economy and reduces its vulnerability through an assumption of substitutability of a physical capital imported by physical capital domestic resulting from enlargement of the tax base